Putting faith in ethical investments

Published: 14 May 2007

Investors are increasingly looking for ways to link their money to ethical principles. In a recent report on this trend, the Financial Times
newspaper cites data that puts the amount held in faith-based funds -
normally invested in by churches - at around $17 billion. Among the
best-known names in this area are the Ave Maria mutual funds, which
have $525 million invested in them. Monies in these funds are not
invested in companies that violate the moral principles of the Catholic
Church - Fr John Flynn